GLOBALIZATION

GLOBALIZATION af Dave Veroy

1. How new is globalization

2. Establish its current meaning in the 1970's

3. European Age/Voyage to Modern World

4. Earliest usage as a noun on 1930 in the book "Towards New Education"

5. By 1960, Term began to use by economist, scientist.

6. Gain its fame in later 1980's

7. Large Scale globalization began in 19th to early 20th century.

8. (1983)Harvard Business publish "Globalization on Markets''.

9. which in 1992 define as the the compression of the world and the intensification of the consciousness of the world as a whole.(Thomas Larsson)

10. What has led to an increased globalization?

11. Trade philosophies

12. In creation of religions

13. Epidemic Diseases

14. Technologies

15. Western States learned principles from the east.

16. Expansionism(method of managing global trade) .

17. Positive Effects:

18. Greater Oppurtunities

19. New Markets Access to capital flow

20. larger export

21. Closing of Tech gap

22. FDI provide incentives to adopt

23. Benefits:

24. Free trade

25. low oppurtunity cost

26. Greater choice of goods

27. Bigger export markets

28. Bigger domestic manufacturers

29. Greater competition

30. Investment

31. less cultural diversity

32. Greater levels of immigration

33. changing the ethnic cultural

34. What is globalization?

35. World view of:

36. Culture

37. Ideas

38. Products

39. Telecommunications

40. Transportations

41. International Network of Economic System

42. Major Factors

43. Internet

44. smartphones

45. Generating Interdepedence

46. Basic Aspects:

47. Migration, Transaction, Investment, Capital.

48. Connected with Overfishing, Air pollution, Global Warming.

49. Subdivision:

50. Economic Globalization

51. Cultural Globalization

52. Political Globalization

53. States became interdependent to each other.

54. American as a Universal Culture

55. Negative Effects:

56. Competition

57. Lower Environmental Standards

58. Volatility of Capital Flows Increases.

59. Currency crisis

60. Third world counties prevent from accessing export materials

61. harm on environment

62. Diseases

63. Cheaper imports

64. Jobs

65. Future:

66. Multicultural Societies

67. " FARTHER, Faster, Cheaper, and Deeper"